After years of budget cuts, Glendale Union High School District is being forced to do more with less.
|
|
- Gyles Benedict Jacobs
- 5 years ago
- Views:
Transcription
1 After years of budget cuts, Glendale Union High School District is being forced to do more with less. Fiscal Year 2009 State legislature makes mid-year reductions to school budgets Like other Arizona school districts, Glendale Union was called upon mid-year in 2009 to reduce operating expenditures to make up for a State revenue shortfall. The district was forced to cut over $2 million in costs through a hiring freeze, soft capital cuts and other program modifications to its maintenance and operations budget for the 2009 school year. In addition, fiscal year 2009 marked the end of excess utility funding for Arizona school districts. In Glendale Union this resulted in the loss of $3.6 million of utility funding. The district implemented a utility reduction program in the district which has saved the in excess of $1 million in utility costs since its inception. Fiscal Year 2010 state budget cuts force Glendale Union High School District to cut programs Budget cuts forced Glendale Union to cut programs and increase class size at all nine district high schools. Glendale Union made significant reductions to its 2010 budget in response to growing concerns over state funding. After extensive meetings and processing with full faculty at the nine high schools, the district developed a budget reduction plan which led to the elimination of 74.4 positions from the 2009 budget to offset anticipated reductions in State funding. Using the following criteria a master budget plan was implemented for the 2010 School year: 1. Make cuts as far from the classroom as possible 2. Preserve as many jobs as possible 3. Make cuts across the board no one group should suffer more than others 4. Cuts should be consistent from school-to-school 5. District Office should participate in budget reductions alongside schools The following is a list of positions lost: Central Office: Administrator 1.0 Clerical Information and Technology Curriculum Coordinators 2.4 1
2 District Programs School within A School 3.0 Local Schools Teachers (increased class size) 20.0 Instructional Aides 20.0 Media Center Assistants 9.0 Counselors 2.5 Equipment Managers 9.0 Counseling Center Assistants 4.5 In addition to the above staffing changes, the district took the following actions: The district froze salaries at the 2009 salary schedule rates, giving no increases for longevity or inflation The district reduced all Maintenance and Operation budget supply lines by 20%, The district eliminated Maintenance and Operation travel budgets The district cut memberships to professional organizations The district assessed all employees a $100 charge for their individual medical benefits. The district froze all soft capital expenditures The district froze all non-emergency building renewal projects The district implemented a utility reduction program The district developed internal sub program using administrators, social workers, mentors, coordinators and the GUEA President as instructional subs to reduce sub costs to the district The 2011 school budget takes further cuts A temporary 1-cent-per-dollar increase in the state sales tax was passed by the voters in May of Passing the sales tax avoided an additional $918 million in cuts to the state budget. While the cuts to the state budget would have resulted in severe losses to K-12 funding, its passage did not provide any additional funding to schools. In fact, as a result of reductions made by the state and to offset other program cost increases such as State retirement increases and insurance benefit cost increases, the district took steps to reduce an additional $4 million in cost reductions for the 2011 school year. For the second year in a row, the Glendale Union High School District did not increase its salary index base. Salaries for the school year are based on the salary schedule index base. This means teachers, support staff and administrators are paid from the same salary schedule as they were paid from in school year. The district recognized staff experience and professional growth affecting approximately 70% of the staff on the salary schedule for the school year The following is a list of reductions made for the 2011 school year: AMOUNT FTE Soft Capital reduction of $2,825,815 Staffing decrease to 27.7 to 1 $400, Mandatory subbing $282,000 District office IT reorganization $96, Elimination of school clinics $17,828.6 Elimination of Sweeps program $233, Elimination of tuition reimbursement $180,000 2
3 Losses to Capital Budgets As of 2011 the district has lost in excess of $35 million in building renewal funding as a result of state budget reductions. The district has relied for over a decade on limited resources from its declining unrestricted capital fund and bond proceeds to maintain its nine high schools. School district capital budgets have been severely restricted. Since 2009, our local schools have not had capital budgets for the purchase of textbooks, desks, chairs and other capital needs. The district has made do with limited expenditure of funds to address only emergency health, safety and academic needs. The State s building renewal funding has been suspended for the third year in a row, leaving only limited carry over funds to address school district building needs. The following chart shows the losses of building renewal funds since the year 1999: GUHSD #205 Building Renewal History Fiscal Formula Amount Percent Cumulative Year Amount Received Received Shortfall ,822,059 2,032,313 72% 789, ,944,060 2,240,230 76% 1,493, ,369,764 3,368, % 1,495, ,369,764 1,703,327 51% 3,161, ,376,852 1,097,003 32% 5,441, ,435, % 7,876, ,580,125 1,338,889 52% 9,118, ,935,918 2,098,922 53% 10,955, ,610,787 2,463,902 53% 13,101, ,164,322 1,171,265 23% 17,094, ,036, % 23,131, ,418, % 29,550, ,898, % 35,448,874 Total to Date 52,962,812 17,513,938 33% Soft Capital budgets were reduced as follows: Fiscal Formula Adjustment Percent Cumulative Year Amount Received Shortfall 2009 $3,351,433 $351,088 90% $351, $3,305,727 $2,407,336 27% $2,758, $3,324,782 $2,825,815 15% $5,584,239 Current Fiscal Trends and Concerns Auditor General reports Glendale Union spending on administration decreases while classroom spending remains fairly constant: In her recent report on classroom expenditures, the Auditor General reported that Glendale Union High School District s expenditure for administration is below both the State and national average for fiscal year
4 4
5 Fiscal Year 2011 $530 million budget shortfall This estimate is improved from earlier estimates by JLBC. It shows a marked improvement in the economic forecast and the state revenue picture. Other Arizona-specific economic indicators: Unemployment rate declined for the 2 nd consecutive month from 9.5% to 9. 4% Because of November job gains, Arizona now has lost 9.8% (down from 12.3%) of its workforce since the beginning of the recession in December 2007 Foreclosure notices (initial step) for Maricopa County declined by 16.8% -- this is the lowest for a single month since March 2008 Pending foreclosures (inventory at risk) in Maricopa County increased slightly in November the 2 nd slight increase in the past two months There was a small decrease (0.7%) over the prior month in AHCCCS (Arizona s Medicaid System) caseloads as well in food stamps (0.5%) this month there are 1.35 million persons on AHCCCS and 1.08 million persons receiving food stamps Impact on Education Funding: The State Budget Shortfall for 2011 is projected to be $530 million. For 2012 it is projected to be $975 million. State General Fund Spending FY 2011 K-12 Education 37% Medicaid 29% Higher Ed 11% Prisons 11% State Workers 5% Debt Service 3% Other 4% Total 100% Fiscal Year 2011 Share of Cuts Formula: K-12 Education (37%) $196 Medicaid (29%) $154 Higher Ed (11%) $58 Prisons (11%) $58 State Workers (5%) $27 Debt Service (3%) $16 Fiscal Year 2012 Share of Cuts Formula: K-12 Education (37%) $361 Medicaid (29%) $283 Higher Ed (11%) $107 Prisons (11%) $107 State Workers (5%) $49 Debt Service (3%) $29 Other (4%) $39 Total 5 975
6 Additional Issues: For FY11 K-12 education and higher education have federal maintenance of effort (MOE) protection Cutting Medicaid means loss of federal dollars ($7 billion) Funding Already Suspended for FY 2011: Soft Capital $165 New Utility Formula $100 Building Renewal $231 Charter School Additional Assistance $10 Total $506 6
LAKEWOOD CITY SCHOOLS
LAKEWOOD CITY SCHOOLS Financial Forecast and Summary Report May 2017 Kent R. Zeman, CPA CFO/Treasurer In Collaboration with: Lakewood Board of Education Members Mr. Jeff Patterson, Superintendent Administrative
More informationFINANCIAL PLAN F I N A N C I A L P L A N. Prince George s County Public Schools Page 27
B o a r d o f E d u c a t i o n A P P R O V E D A n n u a l O p e r a t i n g B u d g e t FY 2017 FINANCIAL PLAN Prince George s County Public Schools Page 27 FY 2017 B o a r d o f E d u c a t i o n A
More informationLicking Heights Local School District 5 Year Forecast Assumptions (FY 2013 FY 2017) Board Approved: October 24, Revenue:
Licking Heights Local School District 5 Year Forecast Assumptions (FY 2013 FY 2017) Board Approved: October 24, 2012 Revenue: General Property Tax (Real Estate) Property values dropped 7.04% in aggregate
More informationBOSTON PUBLIC SCHOOLS BPS FINANCIAL CONTEXT AND FY17 PLANNING
BPS FINANCIAL CONTEXT AND FY17 PLANNING 1 Reminder of the why Do more of what works for kids. 2 Topics for discussion Background and context Historic trends in the BPS budget Preliminary planning for FY17
More informationSummary of Significant Forecast Assumptions Amanda-Clearcreek Local School District July 1, 2017 June 30, 2022 October 2017.
Summary of Significant Forecast Assumptions Amanda-Clearcreek Local School District July 1, 2017 June 30, 2022 October 2017 Revenues: 1.010 Real Estate: This line item contains revenue collected from taxes
More informationColorado School of Mines Board of Trustees Meeting June 18, Operating Budget for the Fiscal Year
Colorado School of Mines Board of Trustees Meeting June 18, 2004 Operating Budget for the 2004-05 Fiscal Year The campus Budget Committee met on June 10, 2004 to review and discuss the proposed budget.
More informationMiami County, Ohio FIVE-YEAR FINANCIAL FORECAST NOTES AND ASSUMPTIONS. For the Fiscal Years Ending June 30, 2013 through 2017
Miami County, Ohio FIVE-YEAR FINANCIAL FORECAST NOTES AND ASSUMPTIONS For the Fiscal Years Ending June 30, 2013 through 2017 May 13, 2013 General The Ohio Constitution assigns the state the responsibility
More informationFY16 Budget Community Forum. May 6, :30 to 8:00 PM
FY16 Budget Community Forum May 6, 2015 6:30 to 8:00 PM Agenda Introductions School Finance Fundamentals History of State-Imposed Reductions Budget Options Implemented FY10 to FY15 FY16 Budget Development
More informationACTION Office of the Superintendent of Schools MONTGOMERY COUNTY PUBLIC SCHOOLS Rockville, Maryland. July 27, 2009
Office of the Superintendent of Schools MONTGOMERY COUNTY PUBLIC SCHOOLS Rockville, Maryland ACTION 3.3.1 July 27, 2009 MEMORANDUM To: From: Subject: Members of the Board of Education Jerry D. Weast, Superintendent
More informationBoard of Education APPROVED FY 2018 Annual Operating Budget FINANCIAL PLAN. F i n a n c i a l P l a n PRI NCE GEO RGE S COUNT Y PU BLIC SC HOOL S
Board of Education APPROVED FY 2018 Annual Operating Budget 27 FINANCIAL PLAN 28 Board of Education APPROVED FY 2018 Annual Operating Budget Board of Education APPROVED FY 2018 Annual Operating Budget
More informationLoveland City Schools
Financial Report Five Year Forecast Update May, 2016 Public Finance Resources, 2015 1 Table of Contents Table of Contents 2 Executive Summary 3 PAGE # Revenue Overview 4 1.010 General Property Tax (Real
More informationOur Mission. To inspire every student to think, to learn, to achieve, to care
At a Glance Our Mission To inspire every student to think, to learn, to achieve, to care MESSAGE FROM OUR SUPERINTENDENT High Performance in Cherry Creek Schools Harry Bull, Jr., Ed.D. The Cherry Creek
More informationMONITORING REPORT CHANCELLOR LIMITATIONS FINANCIAL CONDITION AND ACTIVITIES; FINANCIAL PLANNING AND BUDGETING
MONITORING REPORT CHANCELLOR LIMITATIONS FINANCIAL CONDITION AND ACTIVITIES; FINANCIAL PLANNING AND BUDGETING Governing Board Agenda Meeting Date: 5/1/2018 Item Number Item Title Responsible Agents Budget
More informationMONITORING REPORT CHANCELLOR LIMITATIONS FINANCIAL CONDITION AND ACTIVITIES; FINANCIAL PLANNING AND BUDGETING
MONITORING REPORT CHANCELLOR LIMITATIONS FINANCIAL CONDITION AND ACTIVITIES; FINANCIAL PLANNING AND BUDGETING Governing Board Agenda Meeting Date: _11/20/18 Item Number Item Title Responsible Agents Budget
More informationAPPROPRIATIONS REPORT
Kansas Legislature 2017-2019 APPROPRIATIONS REPORT Kansas Legislative Research Department August 2017 TABLE OF CONTENTS General Budget Overview - Fiscal Years 2017, 2018, and 2019 All Funds...1-1 State
More informationMCC MONTHLY FINANCIAL REPORT For the Period Ending September 30, MCC Funds Overview. OPERATIONAL FUNDS OVERVIEW (Funds 110 and 120)
MCC MONTHLY FINANCIAL REPORT For the Period Ending September 30, 2015 This report provides monthly financial data on all major funds for MCC. MCC Funds Overview Unrestricted Funds General Fund (110) records
More informationFINANCIAL PLAN. F i n a n c i a l P l a n
FINANCIAL PLAN F i n a n c i a l P l a n Basis of Budgeting S T A T E ME NT O F BUDGETIN G BAS IS F O R A LL F U N DS In Accordance with 5-101 of the Education Article of the Annotated Code of Maryland,
More informationBUDGET 2015 Wednesday, July 02, 2014
BUDGET 2015 Wednesday, July 02, 2014 FY 2013 Actual REVISED BUDGET 2014 BUDGET FOR FY 2015 REVENUES LOCAL SOURCES Ad Valorem Taxes 79,151,644 79,903,240 80,403,240 Sales Tax 177,354,593 177,534,413 178,550,000
More informationEstimated Revenue and transfers In Changes
Attachment A The School Board of Sarasota County, Florida Projected Results of Operations for the 2016-2017 Fiscal Year Based upon Results of Operations through December 31, 2016 Executive Summary The
More informationMONITORING REPORT CHANCELLOR LIMITATIONS FINANCIAL CONDITION AND ACTIVITIES; FINANCIAL PLANNING AND BUDGETING
MONITORING REPORT CHANCELLOR LIMITATIONS FINANCIAL CONDITION AND ACTIVITIES; FINANCIAL PLANNING AND BUDGETING Governing Board Agenda Meeting Date: _1/22/19 Item Number Item Title Responsible Agents Budget
More informationFerndale School District #502 Business and Support Services Budget Summary Citizens' Budget General Fund
Ferndale School District #502 Business and Support Services 2018-19 Budget Summary Citizens' Budget General Fund 7/31/2018 Prepared by: Mark Deebach, Assistant Superintendent for Business & Support Services
More informationADOPTED BUDGET
2012- ADOPTED BUDGET Recommendation Budget by Budget Unit Budget Unit Descriptions Prepared by the District 191 Business Office 100 River Ridge Court Burnsville MN 55337 (952) 707-2051 INDEPENDENT SCHOOL
More informationLANCASTER CITY SCHOOL DISTRICT - - FAIRFIELD COUNTY IRN:
LANCASTER CITY SCHOOL DISTRICT - - FAIRFIELD COUNTY IRN: 44206 Schedule of Revenues, Expenditures and Changes in Fund Balances ACTUAL AND FORECASTED OPERATING FUND Actual Forecasted Fiscal Year Fiscal
More informationDollars. sense. 2015/2016 Adopted Budget
Dollars sense 2015/2016 Adopted Budget July 2015 Quick Facts Student Membership 2014/2015: 86,571 * *Students actively enrolled and attending in grades preschool-12 during the October count window, including
More informationLANE COUNTY SCHOOL DISTRICT 4J (EUGENE PUBLIC SCHOOLS) LONG-TERM FINANCIAL FORECAST. January 2015
LANE COUNTY SCHOOL DISTRICT 4J (EUGENE PUBLIC SCHOOLS) LONG-TERM FINANCIAL FORECAST 2014 15 2018 19 January 2015 Sheldon Berman, Superintendent Prepared by: Simone Sangster, Chief Financial Officer Andrea
More informationSchool Finance Basics and District Support Operations. Budgeting. When Do You Begin?
School Finance Basics and District Support Operations The Legislature implemented the school funding formula that exists in Arizona today starting in the 1980-1981 school year. The formula was developed
More informationMOHAWK LOCAL SCHOOL DISTRICT Wyandot COUNTY, OHIO IRN #050740
MOHAWK LOCAL SCHOOL DISTRICT Wyandot COUNTY, OHIO IRN #050740 605 State Highway 231 Sycamore, Ohio 44882 FIVE YEAR FINANCIAL FORECAST FISCAL 2012-2016 Prepared by Treasurer, Roy B. Swartz, CPA October
More informationSummary of Significant Forecast Assumptions and Accounting Policies For the Fiscal Years Ending June 30, 2013 through 2017
ONTARIO LOCAL SCHOOL DISTRICT RICHLAND COUNTY 1 Summary of Significant Forecast Assumptions and Accounting Policies For the Fiscal Years Ending June 30, 2013 through 2017 Note 1 - Nature and Limitations
More informationFINANCIAL PLAN. F i n a n c i a l P l a n. Chief Executive Officer s PROPOSED FY 2018 Annual Operating Budget
Chief Executive Officer s PROPOSED FY 2018 Annual Operating Budget 25 FINANCIAL PLAN 26 Chief Executive Officer s PROPOSED FY 2018 Annual Operating Budget Chief Executive Officer s PROPOSED FY 2018 Annual
More informationEASTWOOD LOCAL SCHOOL DISTRICT
EASTWOOD LOCAL SCHOOL DISTRICT Five Year Forecast Notes and Assumptions May 15, 2017 HOME OF THE EAGLES REVENUE ASSUMPTIONS School districts operate from three sources of tax revenue: Local Property Taxes,
More informationThe Public Schools of Brookline Town Hall 333 Washington Street, 5 th Floor Brookline, Massachusetts
Andrew J. Bott Superintendent The Public Schools of Brookline Town Hall 333 Washington Street, 5 th Floor Brookline, Massachusetts 02445 617.730.2401 TO: FROM: Brookline School Committee Andrew J. Bott
More informationM E M O R A N D U M. Proposed (by Administration) FY 2018 Preliminary Operating Budget
Dorothy H. Galo, Ph.D. Superintendent of Schools HINGHAM PUBLIC SCHOOLS 220 Central Street Hingham, Massachusetts 02043 781-741-1500 VOICE 781-749-7457 FAX dgalo@hinghamschools.org www.hinghamschools.com
More informationEXECUTIVE SUMMARY 15 General Operating Fund - History Of Resources For Fiscal Years 2004-05 Through 2013-14 County % of State % of Federal % of Other % of Opening % of Total Year Taxes Total Sources Total
More informationCash Balance June 30 15,940,136 15,271,647 13,479,243 12,241,640 11,698,295 10,837,831 9,756,394 8,379,673
Whitehall City School District Schedule Of Revenue, Expenditures and Changes In Fund Balances Actual and Forecasted Operating Fund ACTUAL FORECASTED Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal
More informationMONITORING REPORT CHANCELLOR LIMITATIONS FINANCIAL CONDITION AND ACTIVITIES; FINANCIAL PLANNING AND BUDGETING
MONITORING REPORT CHANCELLOR LIMITATIONS FINANCIAL CONDITION AND ACTIVITIES; FINANCIAL PLANNING AND BUDGETING Governing Board Agenda Meeting Date: 5/22/2018 Item Number Item Title Responsible Agents Budget
More informationSummary of Significant Forecast Assumptions and Accounting Policies For the Fiscal Years Ending June 30, 2018 through 2022
ONTARIO LOCAL SCHOOL DISTRICT RICHLAND COUNTY 1 Summary of Significant Forecast Assumptions and Accounting Policies For the Fiscal Years Ending June 30, 2018 through 2022 Note 1 - Nature and Limitations
More informationMONITORING REPORT CHANCELLOR LIMITATIONS FINANCIAL CONDITION AND ACTIVITIES; FINANCIAL PLANNING AND BUDGETING
MONITORING REPORT CHANCELLOR LIMITATIONS FINANCIAL CONDITION AND ACTIVITIES; FINANCIAL PLANNING AND BUDGETING Governing Board Agenda Meeting Date: 3/27/2018 Item Number Item Title Responsible Agents Budget
More informationMONITORING REPORT CHANCELLOR LIMITATIONS FINANCIAL CONDITION AND ACTIVITIES; FINANCIAL PLANNING AND BUDGETING
MONITORING REPORT CHANCELLOR LIMITATIONS FINANCIAL CONDITION AND ACTIVITIES; FINANCIAL PLANNING AND BUDGETING Governing Board Agenda Meeting Date: 8/14/2018 Item Number Item Title Responsible Agents Budget
More informationMarietta City School District Assumptions for October year Forecast
Marietta City School District Assumptions for October 2018 5 year Forecast Marietta City School District is articulating to users of forecasts that assumptions are the basis of any forecast. An assumption
More informationNorth Olmsted City Schools Major Assumptions Used in the Preparation of the Five-Year Forecast Prepared October 12, 2017
North Olmsted City Schools Major Assumptions Used in the Preparation of the Five-Year Forecast Prepared October 12, 2017 Financial Summary Enclosed is a summary of major assumptions used in the preparation
More informationAlee ACER Budget Students
(1) (2) (3) (4) (1) (4) Alee ACER Account or Account or Name of Budget Name of Budget Func. No. Object No. Account Amount Account Amount 5100 120 Classroom Teacher $ 407,036.00 5100 120 Part Time Teacher
More informationAlleghany County Public Schools
Alleghany County Public Schools Proposed 2012-2013 Operating Budget Presented By Sarah T. Campbell, Ph.D., Superintendent March 2012 1 Budget Rationale Protect the integrity of the instructional program.
More informationProposed Budget
1 2017-18 Proposed Budget June 13, 2017 Tom Wohlleber Chief Financial Officer Teddy Dumlao Director of Finance October 4, 2016 Work Study (Capital Needs Overview) November 9, 2016 Work Study (Salary Schedule
More informationMiami County, Ohio FIVE-YEAR FINANCIAL FORECAST NOTES AND ASSUMPTIONS. For the Fiscal Years Ending June 30, 2012 through 2016
Miami County, Ohio FIVE-YEAR FINANCIAL FORECAST NOTES AND ASSUMPTIONS For the Fiscal Years Ending June 30, 2012 through 2016 April 9, 2012 General The Ohio Constitution assigns the state the responsibility
More informationA Quick Guide to the FY 11 Adopted Budget Department of Management and Budget
A Quick Guide to the FY 11 Adopted Budget Department of Management and Budget Introduction The combined Adopted Operating and Capital Budget books are nearly seven hundred pages long and contain a great
More informationCHARTER SCHOOL INTERIM FINANCIAL REPORT - ALTERNATIVE FORM Second Interim Report
A. REVENUES 1. LCFF/Revenue Limit Sources State Aid - Current Year 8011 3,448,924.77-3,448,924.77 Education Protection Account State Aid - Current Year 8012-1,025,313.61 1,025,313.61 State Aid - Prior
More informationArizona Economy and Budget
Arizona Economy and Budget FY 2011 and FY 2012 February 8, 2012 Overview Economy Structural Deficit Reductions 2 Population Population Growth 2007 2009 2010 U.S. 1.0% 0.9% 0.7% Arizona 3.1% 0.4% 0.2% 195,000
More informationFive Year Forecast Financial Report
Five Year Forecast Financial Report October, 2018 Kevin Hawley, CFO 1 Table of Contents Table of Contents 2 Forecast Summary 3 Revenue Sources and Forecast Year-Over-Year Overview 4 1.010 - General Property
More informationFY 2019 Superintendent s Budget Recommendation. School Board Meeting May 17, 2018
FY 2019 Superintendent s Budget Recommendation School Board Meeting May 17, 2018 Fiscal Year 2018 marked the beginning of the first year of Strategic Plan 2022. Plan and prepare a budget that aligns instructional
More informationLong Range Financial Plan
Long Range Financial Plan 2018 Table of Contents SUMMARY... 2 BUDGETING PHILOSOPHY AND CURRENT BUDGET... 3 FORECASTING ASSUMPTIONS... 4 HISTORICAL & PROJECTED DATA... 5 Revenues... 5 Local Revenue... 5
More informationCloverleaf Local School District Five-Year Financial Forecast
Cloverleaf Local School District Five-Year Financial Forecast Jason Myers President Michael Maloney Vice President Jane Rych Board Member Jim Curran Board Member Bill Schmock Board Member James Hudson
More informationFive Year Forecast Financial Report
Five Year Forecast Financial Report May, 2017 Brett Griffith, CFO 1 Table of Contents PAGE # Table of Contents 2 Executive Summary 3 Revenue Overview 4 1.010 General Property Tax (Real Estate) 5 1.020
More informationProposition 123 and Teacher Salaries in School Districts ASBA AND AASBO WEBINAR JANUARY 3, 2018
Proposition 123 and Teacher Salaries in School Districts ASBA AND AASBO WEBINAR JANUARY 3, 2018 What has been the impact of Proposition 123 on school districts? How much additional money do school districts
More informationComprehensive Annual Financial Report Fiscal Year Ended June 30, 2016
Comprehensive Annual Financial Report Fiscal Year Ended June 30, 2016 Governing Board Meeting February 8, 2017 Presented by: David Bea, Ph.D. Overview - Comprehensive Annual Financial Report (CAFR) Includes
More informationJanuary Status. Worcester Public Schools. FY13 BUDGET Updated Preliminary Budget Estimates April Melinda J. Boone Superintendent
Worcester Public Schools FY13 BUDGET Updated Preliminary Budget Estimates April 2012 Melinda J. Boone Superintendent January Status As presented last week at the School Committee meeting, our current budget
More informationDraft. Annual Budget Fiscal Year: July 1, 2015 to June 30, 2016
Draft Annual Fiscal Year: July 1, 2015 to June 30, 2016 DRAFT BUDGET Fiscal Year : July 1, 2015 June 30, 2016 Prepared by: Albuquerque Public Schools Finance Department Office of and Strategic Planning
More informationIndependent Auditor's Report
Independent Auditor's Report Chairperson and Members of The School Board of Miami-Dade County, Florida Report on the Financial Statements We have audited the accompanying financial statements of the governmental
More informationSan Francisco Budget Overview
San Francisco Budget Overview Presentation to SPUR April 5, 2012 Overview San Francisco s Budget Current Year Status Projections for FY 12-13 and FY 13-14 4/5/12 San Francisco s Budget The only combined
More informationSpringboro Community City School District
Springboro Community City School District Financial Forecast Summary & Report May 29, 2014 Terrah Floyd, CFO tfloyd@springboro.org 1 Forecast Purpose This forecast is intended to assist the school district
More informationKey State TANF Policies Affecting Microenterprise. California
Key State TANF Policies Affecting Microenterprise California The Charles Stewart Mott microenterprise grantees in California are West Company in Mendocino County and Women s Initiative for Self-Employment
More informationFINANCIAL PLAN FINANCIAL PLAN. PGCPS Board of Education FY 2016 Approved Annual Operating Budget - Page 27
FINANCIAL PLAN PGCPS Board of Education FY 2016 Approved Annual Operating Budget - Page 27 BUDGET DEVELOPMENT & ADMINISTRATIVE POLICIES Board of Education Policy 3130 Annual Operating Budget guides the
More informationBRUNSWICK COMMUNITY COLLEGE (A Component Unit of the State of North Carolina)
BRUNSWICK COMMUNITY COLLEGE (A Component Unit of the State of North Carolina) FINANCIAL STATEMENTS As of and for the Year Ended June 30, 2015 And Independent Auditor s Report TABLE OF CONTENTS INDEPENDENT
More informationTEACHERS RETIREMENT BOARD. REGULAR MEETING Item Number: 7 CONSENT: ATTACHMENT(S): 1. DATE OF MEETING: November 8, 2018 / 60 mins
TEACHERS RETIREMENT BOARD REGULAR MEETING Item Number: 7 SUBJECT: Review of CalSTRS Funding Levels and Risks CONSENT: ATTACHMENT(S): 1 ACTION: INFORMATION: X DATE OF MEETING: / 60 mins PRESENTER(S): Rick
More informationMANAGEMENT S DISCUSSION AND ANALYSIS (MD&A)
MANAGEMENT S DISCUSSION AND ANALYSIS (MD&A) MIAMI-DADE COUNTY giving our students the world PUBLIC SCHOOLS THE SCHOOL BOARD OF MIAMI-DADE COUNTY, FLORIDA MANAGEMENT S DISCUSSION AND ANALYSIS (MD&A) JUNE
More informationPORTLAND PUBLIC SCHOOLS
PORTLAND PUBLIC SCHOOLS 501 North Dixon Street / Portland, OR 97227 Telephone: (503) 916-3200 / Fax: (503) 916-3110 Mailing Address: P.O. Box 3107 / 97208-3107 Email: superintendent@pps.k12.or.us OFFICE
More informationMAJOR SOURCES OF REVENUE GENERAL FUND
MAJOR SOURCES OF REVENUE GENERAL FUND The District derives its operating income from a variety of federal, state and local sources. The major categories of these income sources for the general fund are
More information$(48,525,600) $(5,574,700) $(54,100,300)
Budget reductions, cost increases Permanent One-Time Total Campus share of $571.1M $(44,076,600) $(44,076,600) Campus share of $77.5M $ (5,574,700) (5,574,700) Mandatory costs increases (2,101,700) (2,101,700)
More informationThe James Madison Preparatory High School, Inc. Financial Statements June 30, 2016
The James Madison Preparatory High School, Inc. A Charter School and Component Unit of the District School Board of Madison County, Florida Financial Statements June 30, 2016 Table of Contents Page(s)
More informationBUDGET PROJECTIONS. Presented to Board of Trustees. April 13, 2015
2015-16 BUDGET PROJECTIONS Presented to Board of Trustees April 13, 2015 202 This represents the aggregated, detailed budget projections based on appropriate function codes. TOTAL 2015-2016 PROJECTED BUDGET
More informationREVENUES AND PROPERTY TAXATION 1. Total Budgeted Revenues for Fiscal Year 2018 $ 220,000,000 SCHOOL DISTRICT ANNUAL EXPENDITURE BUDGET
DISTRICT NAME Deer Valley Unified COUNTY Maricopa CTD NUMBER 7297 ## FY 219 STATE OF ARIZONA REVENUES AND PROPERTY TAXATION 1. Total Budgeted Revenues for Fiscal Year 218 $ 22,, SCHOOL DISTRICT ANNUAL
More informationBudget FY 2018 Budget Adoption. Board of Education August 28, 2017
Budget FY 2018 Budget Adoption Board of Education August 28, 2017 Budget Year 2016-17: A Year of Budget Uncertainty Year 2 of the Block Grant most funding frozen Board adopted a $662M Budget $22.7 million
More informationBudget Reduction and Efficiency Actions Updated February 3, 2009
Budget Reduction and Efficiency Actions Updated Arizona State University has taken a number of management actions that result in lower cost structures and improved efficiency. These measures have been
More informationApprovals/Certifications
MONITORING REPORT POLICY TYPE: CHANCELLOR LIMITATIONS POLICY TITLE: FINANCIAL CONDITION AND ACTIVITIES; FINANCIAL PLANNING AND BUDGETING Governing Board Agenda Meeting Date: 11/28/17 ITEM NUMBER ITEM TITLE
More informationBrunswick City School District Five Year Financial Forecast Fiscal Year 2017 to Fiscal Year 2021 (Including Historical Data)
Brunswick City School District Five Year Financial Forecast Fiscal Year 2017 to Fiscal Year 2021 (Including Historical Data) Prepared by the Office of the Treasurer/CFO 3643 Center Road Brunswick, Ohio
More informationFY 2009 Budget Review: Arizona Community College Districts. Justin Olson Research Analyst
FY 2009 Budget Review: Arizona Community College Districts Justin Olson Research Analyst Introduction In an effort to promote transparent use of taxpayer dollars, as well as compliance with budget and
More informationFY 2017 APPROVED BUDGET. School Operating Budget
FY 2017 APPROVED BUDGET School Operating Budget Proposed by Superintendent February 17, 2016 Approved by the School Board March 15, 2016 Approved by the Board of Supervisors May 10, 2016 Approved by the
More informationCopley-Fairlawn City Schools, Summit County Five Year Forecast Assumptions October, 2011
Copley-Fairlawn City Schools, Summit County Five Year Forecast Assumptions October, 2011 The Copley-Fairlawn City School District has achieved Excellent status as measured and reported in the state issued
More informationSUMMARY OF REVENUES AND APPROPRIATIONS GENERAL FUND
SUMMARY OF REVENUES AND APPROPRIATIONS GENERAL FUND 2007-08 2008-09 2006-07 PROJECTED TENTATIVE ACTUAL RESULTS BUDGET REVENUES FEDERAL 18,340,106 14,693,391 5,484,142 STATE: Florida Education Finance Program
More informationCOMPREHENSIVE ANNUAL FINANCIAL REPORT. Financial Section
COMPREHENSIVE ANNUAL FINANCIAL REPORT Financial Section 1 This page is intentionally left blank 2 Independent Auditor s Report The Board of Trustees of the Clark County School District Clark County, Nevada
More informationFive Year Forecast Financial Report
Five Year Forecast Financial Report October, 2017 Greg Slemons, CPA Chief Financial Officer 1 Table of Contents PAGE # Table of Contents 2 Executive Summary 3 Revenue Overview 4 1.010 General Property
More informationBellefontaine City School District. Fiscal Year Five Year Forecast
Bellefontaine City School District Fiscal Year 2018 Five Year Forecast Adopted May 21, 2018 Compiled By: Keith E. Krieger, Treasurer/CFO PURPOSE OF THE FORECAST BELLEFONTAINE CITY SCHOOL DISTRICT The five-year
More informationFive Year Forecast Financial Report
BRECKSVILLE-BROADVIEW HEIGHTS CITY SCHOOL DISTRICT - - CUYAHOGA COUNTY Five Year Forecast Financial Report October, 2018 Jeff Hall, CFO 1 Table of Contents Table of Contents 2 Forecast Summary 3 Revenue
More informationInternal Review of Organizational Efficiency Presented March 9, 2016 Revised March 11, 2016
Internal Review of Organizational Efficiency Presented March 9, 2016 Revised March 11, 2016 Note on Revisions This report was presented at the March 9, 2016 Board of Education meeting. The presentation
More informationFive Year Forecast Financial Report
Five Year Forecast Financial Report May, 2018 Terrah Floyd, Interim CFO 1 Table of Contents Table of Contents 2 Executive Summary 3 PAGE # Revenue Overview 4 1.010 General Property Tax (Real Estate) 5
More informationCOMMITTEE ON FINANCIAL AFFAIRS. Board of Visitors. September 15, 2017
COMMITTEE ON FINANCIAL AFFAIRS Board of Visitors September 15, 2017 2018-24 SIX YEAR PLAN RESOLUTION 14 2 2018-24 SIX-YEAR PLAN PROCESS Required by the 2011 Higher Education Opportunity Act Submitted in
More informationPublic Hearing. Truth in Taxation Notice of Tax increase Adoption of Fiscal Year 2016 Proposed Budget Board of Governor s Meeting June 10, 2015
Finance and and Administration Public Hearing Truth in Taxation Notice of Tax increase Adoption of Fiscal Year 2016 Proposed Budget Board of Governor s Meeting June 10, 2015 David Bea, Ph.D. Finance and
More informationCarrollton Farmers Branch Independent School District BUDGET
Carrollton Farmers Branch Independent School District 2015-2016 BUDGET The goal of the Carrollton-Farmers Branch Independent School District is high achievement for all students 1445 N. Perry Road Carrollton,
More informationCherry Creek School District Profile of Student-Based Budgeting for Schools FY
Cherry Creek School District Profile of Student-Based Budgeting for Schools FY2014-15 Profile of Student-Based Budgeting for Schools TABLE OF CONTENTS Foreword... 1 Introduction... 2 The Annual Budget...
More informationThe School Board of Sarasota County, Florida Budget Amendment Presented November 21, 2006
2006-2007 Budget Amendment Presented November 21, 2006 General Fund Budget Amendment Number One The General Fund budget amendment has the net impact of decreasing the ending Fund Balance by $8,235,169
More informationWhat s in the FY 2011 Budget for Health Care?
What s in the FY 2011 Budget for Health Care? April 29, 2010 The proposed FY 2011 budget for health care from the Department of Health Care Finance, the Department of Health, and the Department of Mental
More informationHOOSICK FALLS CENTRAL SCHOOL DISTRICT PROPOSED BUDGET
HOOSICK FALLS CENTRAL SCHOOL DISTRICT 2019-2020 PROPOSED BUDGET March 21, 2019 TABLE OF CONTENTS 2019-2020 BUDGET OVERVIEW B. DETAILS CHART C. EXPLANATION OF CHANGES D. STAFFING & PROGRAM CHANGES E. END-OF
More informationArizona School Finance Manual
Arizona School Finance Manual 345 East Palm Lane Phoenix, AZ 85004 www.arizonaea.org Arizona School Finance Index Arizona School Finance Acronyms 3 Budget Calendar 4 Budget Documents 5 Section 1 Calculating
More informationFiscal Year 2018 Proposed Budget
Fiscal Year 2018 Proposed Budget Governing Board Meeting May 10, 2017 Presenter: David Bea, Ph.D. Foundational Elements to the Fiscal Year 2018 Proposed Budget Stewardship and Financial Health Indicators
More informationO r g a n i z a t i o n s
Board of Education APPROVED FY 2018 Annual Operating Budget 133 Business Management Services Chief Financial Officer Benefits Administration Payroll Services Budget & Management Services Purchasing & Supply
More informationH O R S E H E A D S C S D M U L T I - M E D I A C E N T E R M A R C H 1 6, : : 0 0 P. M. WELCOME!
Community Advisory Committee Meeting H O R S E H E A D S C S D M U L T I - M E D I A C E N T E R M A R C H 1 6, 2 0 1 5 6 : 0 0-9 : 0 0 P. M. WELCOME! Agenda 1. Recap January 12, 2015 Meeting 2. Facilities
More informationCARLISLE LOCAL SCHOOL DISTRICT WARREN COUNTY TABLE OF CONTENTS. Independent Accountants Report Management s Discussion and Analysis...
WARREN COUNTY TABLE OF CONTENTS TITLE PAGE Independent Accountants Report... 1 Management s Discussion and Analysis... 3 Basic Financial Statements: Government-Wide Financial Statements: Statement of Net
More informationFISCAL YEAR 2016 EXECUTIVE BUDGET MESSAGE
FISCAL YEAR 2016 EXECUTIVE BUDGET MESSAGE April 15, 2015 Yonkers City Council City Hall, 4 th Floor 40 South Broadway Yonkers, NY 10701 Honorable Members of the City Council: I hereby submit to you the
More informationDivision of Human Resources
B o a r d o f E d u c a t i o n A P P R O V E D A n n u a l O p e r a t i n g B u d g e t Division of Human Resources Chief Administrator for Human Resources Employee & Labor Relations ADA Compliance Labor
More informationUxbridge School Department School Administration Recommended Budget
Uxbridge School Department School Administration Recommended Budget FY2010 School Budget - Public Hearing Detail Proposed FY2008 FY2009 FY2010 Total School Dept. Budget $: $ 18,034,969 $17,712,677 $17,594,215
More informationTOPEKA PUBLIC SCHOOLS UNIFIED SCHOOL DISTRICT NO. 501 TOPEKA, KANSAS
TOPEKA PUBLIC SCHOOLS BASIC FINANCIAL STATEMENTS WITH SUPPLEMENTARY INFORMATION YEAR ENDED JUNE 30, 2017 TOPEKA PUBLIC SCHOOLS BASIC FINANCIAL STATEMENTS WITH SUPPLEMENTARY INFORMATION Year Ended June
More information